Tuesday, April 23, 2013

(BFW) MALAYSIA DAYBOOK: UEM Land, BIMB, Destini, TMC Life Sciences

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MALAYSIA DAYBOOK: UEM Land, BIMB, Destini, TMC Life Sciences
2013-04-22 21:26:04.683 GMT


By Ranjeetha Pakiam
April 23 (Bloomberg) -- UEM Land Holdings (ULHB MK), a
property company, will dispose of 12.5 acres of land in the
southern state of Johor for about 182 million ringgit ($60
million), according to a stock exchange filing.


EQUITY MOVERS:
* Amanahraya Real Estate Investment Trust (AARET MK): To buy
factory buildings for 41.6m ringgit; CIMB Islamic Trustees
to act as trustees
* Axis Real Estate Investment Trust (AXRB MK): 1Q net income
little changed at 20.9m ringgit vs 21m ringgit yr earlier;
shrs to trade ex-dividend on May 3
* BIMB Holdings (BIMB MK): Shrs to trade ex-dividend on May 22
* Destini (DSTN MK): Removed from exchange watchlist after
regularizing finances
* Globetronics Technology (GTB MK): Shrs to trade ex-dividend
on June 19
* Halex Holdings (HAL MK): Shrs to trade ex-dividend on May 16
* Malaysian Airline System (MAS MK): New Zealand High Court
orders settlement of air freight litigation; MASkargo
ordered to pay penalty, costs
* TMC Life Sciences (TMCL MK): Posts 3Q net income of 2.83m
ringgit vs net loss of 1.23m ringgit yr ago
* Wah Seong Corp (WSC MK): Unit enters joint venture agreement
with Shinko Ind. Ltd. to manufacture turbines


WHAT TO WATCH:
* Media Prima (MPR MK) to hold press conference after AGM at
11am


MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index was little changed
* The MSCI Asia Pacific Index increased 0.8%
* The Dow Jones Industrial Average gained 0.1%
* Palm oil July-delivery futures fell 1.8%


For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>

--Editor:

To contact the reporter on this story:
Ranjeetha Pakiam in Kuala Lumpur at +60-3-2302-7856 or
rpakiam@bloomberg.net

To contact the editor responsible for this story:
Barry Porter at +60-3-2302-7865 or
bporter10@bloomberg.net

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